SAEL Industries

India | News | Renewable Energy

SAEL Industries to invest Rs 22,000 crore in Andhra Pradesh renewables
By November 7, 2025November 7, 2025

SAEL Industries Limited has signed a memorandum of understanding (MoU) with the Government of Andhra Pradesh to invest Rs 22,000 crore in renewable energy and infrastructure projects. The plan includes setting up over 1,750 MW of solar and battery storage systems across the Kadapa and Kurnool districts. The projects will be implemented through a tender-based process in line with state regulations. The investment also covers biomass energy, data centres, and port infrastructure. The state government…

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SAEL Industries commissions 200 MW solar project in Rajasthan
By August 29, 2025August 29, 2025

SAEL Industries Limited has commissioned its first solar power project in Rajasthan with a capacity of 200 MW AC (298 MW DC). The project was completed on 17 August 2025, ahead of its scheduled commercial operation date. The plant is located in Jalore district and covers over 1,000 acres. It is supported by a 25-year power purchase agreement (PPA) with Rajasthan Urja Vikas and IT Services Limited (RUVITL) at a tariff of INR 2.61 per…

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SAEL and Shakti Pumps announce new solar manufacturing investments
By July 16, 2025July 16, 2025

SAEL Industries Limited and Shakti Pumps (India) Limited have separately announced new investments aimed at expanding domestic solar manufacturing capacity, with a focus on meeting future demand and aligning with domestic content requirement (DCR) norms. SAEL Industries, through its subsidiary SAEL Solar P6 Private Limited, plans to set up an integrated solar manufacturing facility in Greater Noida, Uttar Pradesh. The project will be located in the Yamuna Expressway Industrial Development Authority region and is expected…

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NTPC announces winners of 1.2 GW ISTS-connected solar auction; allocates 976 MW
By October 21, 2024October 21, 2024

NTPC has released the results of its 1.2 GW ISTS-connected solar projects auction. The winning companies include SAEL Industries, Rays Power Infra, Refex Green, ReNew Solar, and Illuminate Hybren (Mahindra Susten). SAEL secured 300 MW, Rays Power 100 MW, and Refex Green 100 MW, all at a tariff of Rs 2.50 per kWh. ReNew Solar and Illuminate Hybren were awarded 300 MW and 176 MW at a tariff of Rs 2.51 per kWh. Although the…

Read More NTPC announces winners of 1.2 GW ISTS-connected solar auction; allocates 976 MW